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Intel working hard to address investor concerns, says CEO Pat Gelsinger

2024-08-30 eIndustry

Gelsinger said though AI was a weak link in its server business, the company would soon launch Lunar Lake, “the most compelling AI PC product ever.”
» Evertiq

Posted in: Uncategorized

LG Innotek bags 3,500 patents for electronic equipment parts

eIndustry

Automotive electronic equipment now represents 40% of its total patents, the company said.
» Evertiq

Posted in: Uncategorized

Applied Materials signs MoU to open centre in India’s Tamil Nadu

eIndustry

The centre in Taramani, Chennai, will work with Tamil Nadu universities and industry partners to boost the state’s semiconductor ecosystem and help develop a talent pool to support the sector.
» Evertiq

Posted in: Uncategorized

ASML’s China business faces more curbs from Dutch government

eIndustry

The government is likely to restrict the Netherlands-based company’s ability to repair and provide spare parts for its installed advanced semiconductor equipment in China.
» Evertiq

Posted in: Uncategorized

Nvidia and Apple in talks to invest in OpenAI

eIndustry

OpenAI uses Nvidia’s chips to power its AI services. Apple brought chatbot ChatGPT to its devices in June, making OpenAI the first official partner for Apple Intelligence.
» Evertiq

Posted in: Uncategorized

SVI to liquidate two subsidiaries amid global economic slowdown

2024-08-29 eIndustry

The Board of Directors of Thailand-based EMS provider, SVI, has approved the liquidation of two of its subsidiaries, SVI Hungary KFT and SVI-GDL, following a strategic review of their operations and f…
» Evertiq

Posted in: Uncategorized

Delta acquires Alps Alpine’s power inductor business

eIndustry

Power management specialist Delta has signed an agreement to acquire the power inductor and powder materials business and assets, including production and R&D equipment, patents, and intellectual prop…
» Evertiq

Posted in: Uncategorized

Libra Industries names Robert Hermann as COO

eIndustry

EMS provider Libra Industries has appointed Robert “Bob” Hermann as the company’s new Chief Operating Officer (COO).
» Evertiq

Posted in: Uncategorized

Aptiv expands Chennai plant

eIndustry

Automotive technology company Aptiv has recently celebrated the expansion of its manufacturing facility located in Orgadam, Chennai.
» Evertiq

Posted in: Uncategorized

Spot Market for memory struggles in first half of 2024

eIndustry

TrendForce reports that memory module makers have been aggressively increasing their DRAM inventories since 3Q23, with inventory levels rising to 11–17 weeks by 2Q24. However, demand for consumer el…
» Evertiq

Posted in: Uncategorized

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